American Funds Buy Hold or Sell Recommendation

RNGCX -- USA Fund  

USD 48.12  0.35  0.72%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R3 is 'Strong Hold'. Macroaxis provides American Funds New Economy R3 buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding American Funds positions. The advice algorithm takes into account all of American Funds New Economy R3 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

American Funds Current Recommendation

SellBuy
Not Rated
For the selected time horizon American Funds New Economy R3 has a risk adjusted performance of 0.0, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio of 0.0
Macroaxis buy, hold, or sell recommendation tool can be used to complement American Funds buy or sell advice provided by experts. It analyzes the fund potential to grow against your specific risk preferences and investment horizon. Use American Funds New Number of Employees, Ten Year Return as well as the relationship between Ten Year Return and Bond Positions Weight to make sure your buy or sell decision on American Funds New is adequate.

American Funds Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.48
Ir
Information ratio =0.00

American Funds Volatility Alert

American Funds New Economy R3 exhibits very low volatility with skewness of 0.0 and kurtosis of 0.0. However, we advise investors to further study American Funds New Economy R3 technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare American Funds to competition

American Funds Fundamental Vs Peers

FundamentalsAmerican FundsPeer Average
Price to Earning22.08 times7.60 times
Price to Book2.61 times1.04 times
Price to Sales1.34 times1.03 times
One Year Return(0.48) % 2.30 %
Three Year Return21.24 % 3.97 %
Five Year Return1.01 % 1.27 %
Ten Year Return5.00 % 1.17 %
Net Asset21.03 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight7.32 % 14.48 %
Equity Positions Weight92.27 % 40.68 %
Bond Positions Weight0.41 % 14.72 %

American Funds Alerts

Trading Alerts and Improvement Suggestions
The fund maintains about 7.32% of its assets in cash

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Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.